OUR WORDS

Blockchain

BlockChain is a technology, which enables information to be recorded clearly and precisely on a "Chain of Blocks", each of which stores and validates the transactions of all the blocks ("Distributed Ledger"). The potential of this new architecture is enormous: it includes data safety (information stored in several points and encrypted), the impossibility to modify the ledger and traceable transactions (who did what and when), all of which are unique features applicable to numerous areas, e.g. cryptocurrency. Acea uses BlockChain to certify energy exchanges between prosumers and the grid to enable innovative energy services.

Ercole De Luca

Engineering & Innovation at Areti